Sales: $3.6 billion
Sales: $3.6 billion.
Key Personnel: Richard R Rogers, executive chairman; David Holl, chairman and chief executive officer; Sheryl Adkins-Green, chief marketing officer; K.K. Chua, president, Asia Pacific region; Tara Eustace, president, European Region; Deborah Gibbins, chief operating officer; Melinda Foster Sellers, chief people officer; Kregg Jodie, chief information officer; Nathan Moore, president, North America region; Ryan Rogers, board of director and chief investment officer; Julia Simon, chief legal officer and secretary; Jose Smeke, president, Latin American region.
Major Products: Skin care, color cosmetics, body care, sun care and fine fragrances marketed under the Mary Kay and TimeWise brand names.
New Products: TimeWise Repair Volu-Firm Set, TimeWise Repair The Go Set, TimeWise Matte 3D Foundation, Special-Edition Sun Care After-Sun Replenishing Gel, Special-Edition Sun Care Subtle Tanning Lotion, Matte Lipstick, Blending Brush.
Comments: Mary Kay had an eventful 55th year. Last November, Mary Kay announced the opening of a new US-based global manufacturing and research and development facility in Lewisville, TX. Named in honor of company co-founder, executive chairman and son of Mary Kay Ash, the Richard R. Rogers Manufacturing/R&D Center will support Mary Kay’s needs in producing skin care products, color cosmetics and fragrances for millions of beauty consultants in nearly 40 countries.
“The opening of the Richard R. Rogers Manufacturing/R&D Center marks an exciting milestone in our company’s 55-year history,” explained David Holl, president and CEO for Mary Kay Inc. “Approximately 75% of our current business is overseas and more than 50% of Mary Kay products produced at our US manufacturing facility are exported to our international markets. As an innovation leader, this new facility will also allow us to continue producing best-in-industry products today, while practicing sustainability for the future.”
Also in the Fall, the company appointed Deborah Gibbins as the chief operating officer at the company’s global headquarters in Addison, TX. In her new role as COO, Gibbins assumed responsibility for the global supply chain and research and development organization including the new global Richard R. Rogers Manufacturing/R&D Center. Prior to joining Mary Kay, Gibbins spent 17 years at PepsiCo, where she held senior roles within the finance function, including SVP of revenue management at Frito-Lay North America, a multi-billion-dollar convenient foods business unit. In addition, Mary Kay announced the appointments of Chaun Harper as senior vice president-chief manufacturing officer, and Dr. Lucy Gildea as senior vice president-chief scientific officer.
Meanwhile, in New York City, the company celebrated its anniversary by partnering with the Museum at The Fashion Institute of Technology (FIT) to unveil a special exhibition, “Pink: The History of a Punk, Pretty, Powerful Color.” The exhibit sought to honor the history of the color that Mary Kay has been associated with for more than 50 years (for more on the event, visit Happi.com).
Earlier this year, Mary Kay participated in the 37th annual Reunion Annual de Dermatologos Latinoamericanos in Buenos Aires. At the May conference, Mary Kay presented research focused on skin concerns stemming from diesel exhaust particles in the environment. Continued exposure to these particles increases free radicals in skin cells, which can ultimately impact premature signs of skin aging, like dark spots and dullness.
Fortunately, Mary Kay also presented findings on an antioxidant complex that delays the premature signs of aging related to the damaging effects of diesel exhaust particles. This breakthrough technology, found in the Mary Kay TimeWise Miracle Set 3D skin care line, is said to provide a powerful free-radical regimen with an exclusive, patent-pending, three-dimensional approach to skin aging.
“Mary Kay scientists spent years researching the latest ingredient innovations to develop our newest skin care collection that defends against free radicals and helps delay the onset of premature skin aging from unavoidable environmental and lifestyle stressors such as car exhaust and air pollution,” said Gildea.
In May, Holl was ranked among the top 10 most reputable chief executives in the world according to the Reputation Institute’s CEO RepTrak 2019. The Reputation Institute, a leading provider of reputation measurement, measured the reputation of more than 140 global CEOs and canvassed more than 230,000 individual ratings among the informed public. The study was conducted in January and February of this year.
“David’s leadership and operational expertise since being named CEO in 2006 has contributed significantly to Mary Kay’s success,” said Rogers. “Mary Kay is a brand born of purpose, and David’s steadfast commitment to our founding values has made him a truly extraordinary chief executive officer and people leader.”